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Can Brazil president survive growing Petrobras scandal? Mounting allegations that her party received hundreds of millions of dollars in a kickbacks scandal engulfing oil giant Petrobras have sent Brazilian President's poll ratings tumbling.
10 February 2015
Nissan raises full-year profit forecast to $3.5 bn Nissan said Monday it was raising its full-year net profit forecast to $3.5 billion, thanks to cost cutting efforts and a cheaper yen.
09 February 2015
©Reuters SpaceX calls off launch of space-weather satellite SpaceX's launch of a $340 million sun-observing spacecraft that was initially dreamed up by former US vice president Al Gore was postponed.
09 February 2015
Bendine, the head of state-controlled Banco do Brasil, will be the new chief executive of scandal-hit oil giant Petrobras. ©REUTERS Petrobras confirms Bendine as new CEO Brazilian oil giant Petrobras confirmed that banking executive Aldemir Bendine has been named its new chief executive.
08 February 2015
Photo courtesy of wikipedia.org. New airline Air Kazakhstan renamed to Kazakh Air A new Kazakh airline Air Kazakhstan that is due to start making domestic flights in Kazakhstan this year has been renamed to Kazakh Air.
08 February 2015
TransAsia starts pilot retraining after deadly crash TransAsia Airways started the first day of a programme to retrain its pilots after its second deadly crash in seven months.
07 February 2015
Twitter chief confirms Google 'relationship' Twitter chief Dick Costolo said Thursday that "a relationship" with Google has been rekindled, but he was coy on the details.
06 February 2015
Sony Pictures boss steps down after damaging hack Sony Pictures Entertainment co-chair Amy Pascal, whose embarrassing emails were leaked in a hack attack, is stepping down.
06 February 2015
Toyota raises full-year profit forecast to record $18 bn Toyota raised its earnings forecast for the year to March, saying it expects to book a record $18.1 billion annual net profit thanks to a weak yen and cost cuts.
04 February 2015
©RIA Novosti Samsung to expand range of smart appliances Samsung is to launch a range of smart refrigerators, air conditioners and washing machines as its seeks to expand its business in Internet-connected homes.
03 February 2015
Burger chain Shake Shack sizzles in Wall Street debut Shake Shack, a hamburger chain that prides itself on fresh ingredients and good service, soared in its first day of trade on Wall Street.
31 January 2015
Jay Z to acquire Wimp music service US rap star Jay Z made a $56-million foray into the music streaming business, buying Norway's Wimp in a bid to compete with giants like Spotify and Apple.
31 January 2015
Toyota says to return to World Rally Championship in 2017 Toyota said it would come back to the World Rally Championship in 2017, nearly two decades after the Japanese auto giant withdrew from the motor sports event.
30 January 2015
Total chief says to slash exploration outlays by nearly third The chief executive of Total said the French oil company would slash spending on exploration by 30 percent this year due to the drop in the price of oil.
30 January 2015
Honda cuts profit forecast as airbag recall weighs heavy Honda cut its full-year net profit forecast as the Japanese automaker faces soaring recall costs.
30 January 2015
Amazon surprises with $214 mln quarterly profit Amazon surprised the market with a quarterly profit far better than anticipated for the online giant known for investing for the long term.
30 January 2015
©Reuters/Stringer Apple ties with Samsung as world's top smartphone vendor Apple caught up with Samsung as the world's biggest smartphone vendor in the fourth quarter of 2014, thanks to booming sales of its new iPhone 6.
29 January 2015
Photo courtesy of 24daily.net Russia's Gazprom profits plunge 61%, hit by Ukraine row Russia's gas giant Gazprom said its third quarter profits plunged 61 percent as supplies were suspended to Ukraine, one of its main customers.
29 January 2015
REUTERS © McDonald's CEO pays price for growing woes Fast-food giant McDonald's replaced president and chief executive Donald Thompson, after the company turned in another poor quarter of sales and earnings last week.
29 January 2015
Photo courtesy of clubic.com Yahoo announces tax-free spinoff of Alibaba stake Yahoo is spinning off its stake in Chinese Internet giant Alibaba, splitting off the valuable holdings in a move that sidesteps taxes.
28 January 2015
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